Tesla's Q1 2026 Earnings Call: How to Listen and What to Expect

Tesla's Q1 2026 Earnings Call: How to Listen and What to Expect

Tesla will hold its Q1 2026 earnings call on April 22 at 2:30 pm PT, followed by a Q&A with company executives, including CEO Elon Musk. The discussion is expected to include updates on the future of the company's autonomous technology.

Attention is likely to center on the expansion of the unsupervised Robotaxi service. After months of trials in Austin and the Bay Area, Tesla recently launched unsupervised Robotaxi operations in Dallas and Houston. Updates on the Cybercab, which is slated to enter mass production this month, are also anticipated.

Other focal points include the recent landmark approval for Full Self-Driving (FSD) in Europe. Tesla has begun rolling out FSD (Supervised) in the Netherlands, with additional countries expected soon. With FSD version 14.3 currently available and version 15 on the horizon, investors are looking for a clear timeline for when unsupervised driving will reach customer-owned vehicles. The company may also address the roadmap for the Optimus humanoid robot and the "way cooler than a minivan" new vehicle recently teased by Elon Musk.

Listen Live

The event will be live-streamed and is expected to be available on Tesla's website and on YouTube via an audio-only feed.

Start Time

The live stream begins at 2:30 pm PT, corresponding to the following times:

• 2:30 pm Pacific Time
• 5:30 pm Eastern Time
• 9:30 pm UTC
• 10:30 pm - London, England
• 11:30 pm - Berlin, Germany
• 7:30 am (next day) - Sydney, Australia

Top Q&A Questions

Investor questions are sourced from the Say platform, where shareholders vote on the topics they most want addressed. The leading questions expected for the Q&A include:

1. When will we have the Optimus v3 reveal? When will Optimus production start since we ended the Model X and S production earlier than midyear? What's the expected Optimus production rate exiting this year? What are the initial targeted skills?
2. What milestones are you targeting for unsupervised FSD and Robotaxi expansion beyond Austin this year, and how will that drive recurring revenue?
3. How will hardware 3 cars reach unsupervised FSD?
4. When do you expect FSD Unsupervised to reach customer cars?
5. When will robotaxi expand past its current limited rollout?
6. Elon has posted on X about a new vehicle better than a minivan. What are the details around that? Or is it just the Model Y L?
7. Is v14.3 still the last piece of the puzzle to enable large scale unsupervised FSD and Robotaxi or do we now have to wait until v15?
8. Now that FSD has been approved in the Netherlands and is expected to launch across Europe this summer, can you discuss your robotaxi strategy for the region?
9. What enabled you to finish the AI5 tapeout early and were there any changes to the original vision? Last week Elon said AI5 will go into Optimus and the supercomputer, but one month ago said it would go into the robotaxi. Has AI5 been dropped from the vehicle roadmap?
10. Given the recent NHTSA incident filings, can you update us on the robotaxi safety data? If safety validation remains the primary bottleneck, why not deploy thousands of vehicles to accelerate removal of the safety driver?

Breaking Down the Numbers

According to Tesla's official Q1 2026 numbers, the company produced 408,386 vehicles and delivered 358,023. These results came in just under the analyst consensus of 365,645 deliveries, a shortfall of about 7,600 vehicles. Deliveries grew 6.3% year-over-year versus Q1 2025 but declined approximately 14.4% sequentially from the prior quarter.

The uptick in deliveries of "Other Models" reflects the recent discontinuation of the Model S and Model X, making way for the transition to next-generation platforms like Optimus and Cybercab.

As Tesla shifts from being solely a car manufacturer toward robotics and AI, this call could mark a turning point. A full recap with the Q&A responses is expected tomorrow.